/PRNewswire/ The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around.
USD 114.88 billion in 2019 and provides the following:
Quantitative and qualitative analysis of the short-term and long-term impact of the COVID-19 pandemic on the market;
Actionable insights into the upcoming opportunities in the market;
Granular study of the market, drivers, restraints, and segments; and
Detailed examination of the regional developments, competitive landscape, and emerging investment pockets for the market.
Key Market Driver:
Research into Recyclable Polymer Foams to Create Promising Prospects
An emerging trend that is expected to catalyze the polymer foam market growth is the increasing research conducted to study the viability of recycling waste polymer foams such as phenolic foam and polyethylene terephthalate (PET) foam. A study published in the journal industrial Crops and Products’ in 2017, which created polyurethane rigid foams from recycled PET, found that the rigidity of PU foams grew three-fold and strength enhanced two-fold after adding adipic